With the Odisha government’s approval of its proposal to establish two projects, a 4 MMTPA integrated alumina refinery and a 30 MMTPA iron ore (value addition) facility, the Adani Group plans to invest Rs 57,575 crore in Odisha.
“Odisha is one of our most strategic states where we have continue to invest and are always appreciative of the support we have received from Chief Minister Naveen Patnaik,” said GautamAdani, Chairman, Adani Group.
“Metals are critical commodities in which our nation must be self-reliant, and these projects are aligned with our vision of Atmanirbharta. In addition, being a power intensive business, it is a great adjacency to the renewable energy that we are able to generate and help to produce the greenest alumina anywhere. Our capital investment will create 9,300 direct jobs and open up tens of thousands of indirect employment opportunities in Odisha,” Adani said in a statement.
